BEIJING (Reuters) -China’s exports of rare earth magnets to the United States in June soared to more than seven times their May level, marking a sharp recovery in the flow of critical minerals used in electric vehicles and wind turbines after a Sino-U.S. trade deal. Outbound shipments to the United States from the world’s largest…
BEIJING (Reuters) -China’s Ministry of State Security on Friday said foreign spy agencies had tried to “steal” rare earths and pledged to crack down on infiltration and espionage targeted at its critical mineral sector. Foreign intelligence agencies and their agents had colluded with “domestic lawbreakers” to steal rare earth-related items from China, posing a serious…
New Delhi: Prime Minister Narendra Modi on Monday called on Brics countries to work together in order to secure critical mineral supply chains and ensure that no one nation is able to dominate and weaponize these resources. His call at the 17th Brics Summit in Rio de Janeiro comes amid a Chinese chokehold on global…
SYDNEY — Noveon Magnetics in Texas has been fielding daily calls since early April. As China clamps down on exports of seven key rare-earth elements and the high-performance magnets they are used to make, would-be buyers are urgently seeking alternatives. Source link
BEIJING: China says that its export controls on rare earths will not affect the stability of the international supply chain, according to a statement from the China Nonferrous Metals Industry Association on Sunday. As part of China’s retaliation to Donald Trump‘s so-called reciprocal tariffs on Chinese products, authorities in Beijing announced immediate restrictions on the…
NEW DELHI — China is seizing control of critical minerals including rare earth that go into the making of electric vehicles (EVs), its batteries and a range of electronic products for civilian and military uses, according to analysts. Chinese companies in recent months have stepped up efforts to procure the minerals from diverse places like…